{
  "crd_number": 302011,
  "slug": "core-alternative-capital-llc-peachtree-corners-ga-302011",
  "primary_business_name": "CORE ALTERNATIVE CAPITAL, LLC",
  "legal_name": "PURSELL MANAGEMENT CO. LLC",
  "dbas": [],
  "city": "Peachtree Corners",
  "state": "GA",
  "country": "United States",
  "cbsa_code": "12060",
  "metro": {
    "cbsa_code": "12060",
    "common_name": "Atlanta",
    "msa_name": "Atlanta-Sandy Springs-Roswell, GA",
    "path": "/advisors/ga/atlanta"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-05-15",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-03-26",
  "carried_forward": false,
  "raum_total": 354000000.0,
  "raum_discretionary": 354000000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "investment_companies": {
      "raum": 67000000.0,
      "count": 2
    },
    "other_investment_advisers": {
      "raum": 287000000.0,
      "count": 1,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "GA",
    "TX"
  ],
  "websites": [
    "https://corealt.com",
    "https://corealtfunds.com",
    "https://linkedin.com/company/corealt"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/302011",
  "city_as_filed": "PEACHTREE CORNERS",
  "url": "https://advisorcensus.com/firm/core-alternative-capital-llc-peachtree-corners-ga-302011",
  "display_name": "Core Alternative Capital, LLC",
  "summary": "Core Alternative Capital, LLC is an SEC-registered investment advisory firm in Peachtree Corners, GA, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.",
  "citation": "AdvisorCensus. Core Alternative Capital, LLC (CRD 302011): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Core Alternative Capital, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Core Alternative Capital, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Core Alternative Capital, LLC located?",
      "a": "Core Alternative Capital, LLC's principal office is in Peachtree Corners, GA, according to its Form ADV."
    },
    {
      "q": "Is Core Alternative Capital, LLC registered with the SEC or a state?",
      "a": "Core Alternative Capital, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 302011."
    },
    {
      "q": "How much does Core Alternative Capital, LLC manage?",
      "a": "Core Alternative Capital, LLC reports $354,000,000 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary)."
    },
    {
      "q": "How have Core Alternative Capital, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Core Alternative Capital, LLC: Regulatory assets under management: $336,767,551 in the October 2021 data and $354,000,000 in the October 2026 data, up 5%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Core Alternative Capital, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (2); other investment advisers (1)."
    },
    {
      "q": "Which custodians does Core Alternative Capital, LLC use?",
      "a": "Core Alternative Capital, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Distributors Company LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Core Alternative Capital, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/302011"
    },
    {
      "q": "What changed in Core Alternative Capital, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $438,000,000 to $354,000,000 (-19%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 336767551.0,
      "total_employees": 4,
      "filing_date": "2021-01-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 543366220.0,
      "total_employees": 5,
      "filing_date": "2022-04-12"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 823000000.0,
      "total_employees": 6,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 618000000.0,
      "total_employees": 5,
      "filing_date": "2024-05-07"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 438000000.0,
      "total_employees": 4,
      "filing_date": "2025-03-25"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 354000000.0,
      "total_employees": 4,
      "filing_date": "2026-03-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $438,000,000 to $354,000,000 (-19%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Fidelity Distributors Company LLC",
      "name_as_filed": "FIDELITY DISTRIBUTORS COMPANY LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/core-alternative-capital-llc-peachtree-corners-ga-302011.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 2,
      "fewer_than_5": false,
      "raum": 67000000.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 1,
      "fewer_than_5": true,
      "raum": 287000000.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/302011",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}